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AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M (Samantha Oltman/Bloomberg)

Samantha Oltman / Bloomberg : AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M — Artificial intelligence coding startup Cognition AI Inc. has raised $2 billion in a new round of funding that vaulted its valuation to $48 billion. from Techmeme https://ift.tt/4W9RuJY via IFTTT

Grindr pays £26M to settle a 2024 UK lawsuit that alleged it shared users' HIV status with ad firms, in breach of UK law (Julia Kollewe/The Guardian)

Julia Kollewe / The Guardian : Grindr pays £26M to settle a 2024 UK lawsuit that alleged it shared users' HIV status with ad firms, in breach of UK law — US-owned dating app allegedly allowed ad firms access to private information in breach of UK law — Grindr will pay £26m to settle a lawsuit brought … from Techmeme https://ift.tt/rlTUSpd via IFTTT

Robinhood secures its first IPO underwriting role, in Oura's IPO, which could give it more influence over how many shares are allocated to its customers (Wall Street Journal)

Wall Street Journal : Robinhood secures its first IPO underwriting role, in Oura's IPO, which could give it more influence over how many shares are allocated to its customers — Playing an official part in the IPO process could give Robinhood more influence over the number of shares allocated to its customers from Techmeme https://ift.tt/3HW0Kj1 via IFTTT

The attacker who withdrew ~4,000 BTC from Blockstream's Liquid Network federation wallet returns 3,400 BTC after Blockstream said its bridge nodes were patched (The Block)

The Block : The attacker who withdrew ~4,000 BTC from Blockstream's Liquid Network federation wallet returns 3,400 BTC after Blockstream said its bridge nodes were patched — - The attacker who withdrew roughly 4,000 BTC from a Liquid Federation wallet has returned 3,400 BTC after Blockstream said its bridge nodes had been patched. from Techmeme https://ift.tt/kRv8AdC via IFTTT

Sources: UBS requires AI skills when hiring junior investment bankers, making it one of the first major financial institutions to explicitly require AI literacy (Simon Foy/Financial Times)

Simon Foy / Financial Times : Sources: UBS requires AI skills when hiring junior investment bankers, making it one of the first major financial institutions to explicitly require AI literacy — Graduates and interns hoping to join Swiss bank must show they can use the technology to improve outcomes and efficiency from Techmeme https://ift.tt/q6nEvDQ via IFTTT

OpenAI Chief Scientist Jakub Pachocki says no lab has solved alignment enough to keep scaling at maximum speed, and hopes voluntary slowdowns become commonplace (OpenAI)

OpenAI : OpenAI Chief Scientist Jakub Pachocki says no lab has solved alignment enough to keep scaling at maximum speed, and hopes voluntary slowdowns become commonplace — Author: Jakub Pachocki, Chief Scientist at OpenAI — In mid-2023, within the “RLSlow” research project … from Techmeme https://ift.tt/SPvJUjq via IFTTT

OpenAI says it hit its "automated research intern" goal, its researchers now use 3.1 agent-workdays per human workday, and top users spend $7,000+/day on tokens (OpenAI)

OpenAI : OpenAI says it hit its “automated research intern” goal, its researchers now use 3.1 agent-workdays per human workday, and top users spend $7,000+/day on tokens — For AGI to benefit all of humanity, we believe it must be democratically governed. from Techmeme https://ift.tt/8Uksv1E via IFTTT